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    Centralized Systematic Valuation Aggregated Cash Flow (ACF Files)

    This information provided is calculated by Bloomberg Finance L.P., a third party not affiliated with SSGA. Neither SSGA nor its affiliates assume any liability for or guarantee the timeliness, accuracy and completeness of the information provided. The information provided is as of the date indicated and is subject to change.

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    SPDR® Bloomberg Barclays High Yield Bond ETF JNK

    Important Risk Disclosure

    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    $110.08

    as of Feb 20 2020

    Base Currency

    USD

    Assets Under Management

    $9,651.59 M

    as of Feb 20 2020

    Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    0.40%

    Quick Links

    Key Features

    Key Features

    • The SPDR® Bloomberg Barclays High Yield Bond ETF seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Barclays High Yield Very Liquid Index (the "Index")
    • Seeks to provide a a diversified exposure to US dollar-denominated high yield corporate bonds with above-average liquidity
    • A more cost efficient way to implement a high yield exposure than via individual bonds
    • Rebalanced on the last business day of the month

    About this Benchmark

    About this Benchmark

    The Bloomberg Barclays High Yield Very Liquid Index is designed to measure the performance of publicly issued U.S. dollar denominated high yield corporate bonds with above-average liquidity. High yield securities are generally rated below investment grade and are commonly referred to as "junk bonds." The Index includes publicly issued U.S. dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, but not more than fifteen years, regardless of optionality; are rated high-yield (Ba1/BB+/BB+ or below) using the middle rating of Moody's Investors Service, Inc., Fitch Inc., or Standard & Poor's Financial Services, LLC, respectively; and have $500 million or more of outstanding face value.

    Fund Information as of Feb 20 2020

    Fund Information as of Feb 20 2020
    Benchmark Inception Date Options Available Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    		 Base Currency Investment Manager Management Team
    Bloomberg Barclays High Yield Very Liquid Index Nov 28 2007 Yes 0.40% USD SSGA Funds Management, Inc. Global Fixed Income, Cash and Currency
    Benchmark Bloomberg Barclays High Yield Very Liquid Index
    Inception Date Nov 28 2007
    Options Available Yes
    Gross Expense Ratio

    Gross Expense Ratio

    The fund's total annual operating expense ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund's most recent prospectus.

    		 0.40%
    Base Currency USD
    Investment Manager SSGA Funds Management, Inc.
    Management Team Global Fixed Income, Cash and Currency
    Distributor Distribution Frequency
    State Street Global Advisors Funds Distributors, LLC Monthly
    Distributor State Street Global Advisors Funds Distributors, LLC
    Distribution Frequency Monthly

    Listing Information as of Feb 20 2020

    Listing Information as of Feb 20 2020
    Exchange Listing Date Trading Currency Ticker CUSIP ISIN
    NYSE ARCA EXCHANGE Nov 28 2007 USD JNK 78468R622 US78468R6229
    Exchange NYSE ARCA EXCHANGE
    Listing Date Nov 28 2007
    Trading Currency USD
    Ticker JNK
    CUSIP 78468R622
    ISIN US78468R6229

    Fund Characteristics as of Feb 20 2020

    Fund Characteristics as of Feb 20 2020
    Number of Holdings Average Coupon

    Average Coupon

    The [market value] weighted average coupon of the bonds in a portfolio.

    		 Average Maturity in Years

    Average Maturity

    The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

    		 Average Price Average Yield To Worst

    The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

    		 Current Yield

    Current Yield

    A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

    		 Option Adjusted Duration

    Option Adjusted Duration

    An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.
    948 6.16% 6.03 $102.34 4.99% 6.08% 2.96 years
    Number of Holdings 948
    Average Coupon

    Average Coupon

    The [market value] weighted average coupon of the bonds in a portfolio.

    		 6.16%
    Average Maturity in Years

    Average Maturity

    The market value-weighted average maturity of the bonds and loans in a portfolio, where maturity is defined as the stated final for bullet maturity bonds and loans.

    		 6.03
    Average Price $102.34
    Average Yield To Worst

    The lowest potential yield that can be received on a bond without the issuer actually defaulting. The YTW is calculated by making worst-case scenario assumptions on the issue by calculating the return that would be received if the issuer uses provisions, including prepayments. When aggregating YTW for a portfolio level statistic, the weighted average of the YTW and market value for each security is used.

    		 4.99%
    Current Yield

    Current Yield

    A bond's annual return based on its annual coupon payments and current price (as opposed to its original price or face). The formula for current yield is a bond's annual coupons divided by its current price. When aggregating Current Yield for a portfolio level statistic, the weighted average of the Current Yield and market value for each security is used.

    		 6.08%
    Option Adjusted Duration

    Option Adjusted Duration

    An option-adjusted measure of a bond's (or portfolio's) sensitivity to changes in interest rates calculated as the average percentage change in a bond's value (price plus accrued interest) under shifts of the Treasury curve +/- 100 bps. Incorporates the effect of embedded options for corporate bonds and changes in prepayments for mortgage-backed securities.

    		 2.96 years
    Option Adjusted Spread Yield to Maturity

    Yield to Maturity

    The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.
    329.01 5.78%
    Option Adjusted Spread 329.01
    Yield to Maturity

    Yield to Maturity

    The market weighted average rate of return anticipated on the bonds held in a portfolio if they were to be held to their maturity date.

    		 5.78%

    Index Characteristics as of Feb 20 2020

    Index Characteristics as of Feb 20 2020
    Number of Holdings Average Coupon Average Maturity in Years Average Price Average Yield To Worst Current Yield Option Adjusted Duration
    891 6.24% 6.00 $103.47 5.00% 6.16% 2.90 years
    Number of Holdings 891
    Average Coupon 6.24%
    Average Maturity in Years 6.00
    Average Price $103.47
    Average Yield To Worst 5.00%
    Current Yield 6.16%
    Option Adjusted Duration 2.90 years
    Option Adjusted Spread Yield to Maturity
    334.94 5.81%
    Option Adjusted Spread 334.94
    Yield to Maturity 5.81%

    Yields as of Feb 20 2020

    Yields as of Feb 20 2020
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 Fund Dividend Yield

    Fund Dividend Yield

    The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.
    4.78% 5.39%
    30 Day SEC Yield

    30 Day SEC Yield

    (Also known as Standardized Yield) An annualized yield that is calculated by dividing the net investment income earned by the fund over the most recent 30-day period by the current maximum offering price.

    		 4.78%
    Fund Dividend Yield

    Fund Dividend Yield

    The sum of the most recent 12 dividends within the past 365 days divided by Net Asset Value per share, expressed as a percentage.

    		 5.39%

    Fund Market Price as of Feb 20 2020

    Fund Market Price as of Feb 20 2020
    Bid/Ask

    Bid/Ask Mid Point

    (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

    		 Closing Price

    Closing Price

    Market Price of last reported trade on the exchange.

    		 Day High Day Low Exchange Volume (Shares)

    Exchange Volume (shares)

    Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

    		 Premium/Discount

    Premium/Discount to NAV

    Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)
    $110.20 $110.19 $110.24 $109.78 2,471,823 0.10%
    Bid/Ask

    Bid/Ask Mid Point

    (Also known as Mid Price) The price between the best price of the sellers for a trading unit of a given security and the best price of the buyer of a trading unit of a given a given security.

    		 $110.20
    Closing Price

    Closing Price

    Market Price of last reported trade on the exchange.

    		 $110.19
    Day High $110.24
    Day Low $109.78
    Exchange Volume (Shares)

    Exchange Volume (shares)

    Represents the volume of shares traded on the ETF's primary exchange throughout the previous business day.

    		 2,471,823
    Premium/Discount

    Premium/Discount to NAV

    Shows the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds calculated as ((4PM Bid/Ask - Closing NAV) / Closing NAV * 100)

    		 0.10%
    Fund Data

    The above information is provided to show the comparison of the daily net asset value (NAV) and the Midpoint of the closing bid/ask for each of the funds.

    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257 download a prospectus or summary prospectus now, or talk to your financial advisor. Read it carefully before investing.

    Fund Net Cash Amount as of Feb 20 2020

    Fund Net Cash Amount as of Feb 20 2020
    Net Cash Amount
    $71,331,394.17
    Net Cash Amount $71,331,394.17

    Fund Net Asset Value as of Feb 20 2020

    Fund Net Asset Value as of Feb 20 2020
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 Shares Outstanding Assets Under Management
    $110.08 87.67M $9,651.59 M
    NAV

    NAV

    The market value of a mutual fund's or ETFs total assets, minus liabilities, divided by the number of shares outstanding.

    		 $110.08
    Shares Outstanding 87.67M
    Assets Under Management $9,651.59 M
    Most Recent NAV / NAV History

    Fund Performance
    View as

    Fund Performance

    • Fund Inception Date: Nov 28 2007
    Performance
    Month End Quarter End
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Nov 28 2007
    Fund Before Tax
    NAV Jan 31 2020 -0.28% -0.28% -0.28% 9.10% 5.35% 4.58% 6.23% 5.58%
    Market Value Jan 31 2020 -0.46% -0.46% -0.46% 8.63% 5.18% 4.51% 6.20% 5.57%
    Bloomberg Barclays High Yield Very Liquid Index Jan 31 2020 -0.21% -0.21% -0.21% 9.37% 5.74% 5.62% 7.25% 7.45%
    Fund After Tax
    Return after Taxes on Distributions Jan 31 2020 -0.28% -0.28% -0.28% 6.68% 2.94% 2.05% 3.48% 2.58%
    Return after Taxes on Distributions and Sale of Fund Shares Jan 31 2020 -0.17% -0.17% -0.17% 5.33% 3.01% 2.32% 3.62% 2.94%
    Bloomberg Barclays High Yield Very Liquid Index Jan 31 2020 -0.21% -0.21% -0.21% 9.37% 5.74% 5.62% 7.25% 7.45%
    As Of 1 Month QTD YTD 1 Year 3 Year 5 Year 10 Year Since Inception
    Nov 28 2007
    Fund Before Tax
    NAV Dec 31 2019 2.04% 2.68% 14.97% 14.97% 5.83% 4.76% 6.31% 5.65%
    Market Value Dec 31 2019 2.01% 2.53% 14.86% 14.86% 5.79% 4.77% 6.25% 5.65%
    Bloomberg Barclays High Yield Very Liquid Index Dec 31 2019 2.08% 2.73% 15.28% 15.28% 6.26% 5.80% 7.35% 7.52%
    Fund After Tax
    Return after Taxes on Distributions Dec 31 2019 1.68% 1.94% 12.41% 12.41% 3.41% 2.23% 3.56% 2.62%
    Return after Taxes on Distributions and Sale of Fund Shares Dec 31 2019 1.21% 1.58% 8.80% 8.80% 3.38% 2.46% 3.69% 2.98%
    Bloomberg Barclays High Yield Very Liquid Index Dec 31 2019 2.08% 2.73% 15.28% 15.28% 6.26% 5.80% 7.35% 7.52%

    as of Jan 31 2020

    as of Dec 31 2019

    Performance quoted represents past performance, which is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Performance of an index is not illustrative of any particular investment.  It is not possible to invest directly in an index.

    The market price used to calculate the Market Value return is the midpoint between the highest bid and the lowest offer on the exchange on which the shares of the Fund are listed for trading, as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ.

    Gross Expense Ratio: 0.40%

    Top Holdings

    Subject to change.

    Top Holdings

    Subject to change.

    Fund Top Holdingsas of Feb 20 2020
    Index Top Holdingsas of Feb 20 2020

    Fund Top Holdings as of Feb 20 2020

    Name Market Value ISIN Weight
    STATE ST INST US GOV MM-G 0 00/00/0000 147,140,753.71 US8574924663 1.53%
    ALTICE FRANCE SA 7.375 05/01/2026 65,884,475.39 US67054KAA79 0.69%
    TRANSDIGM INC 6.25 03/15/2026 52,170,806.53 US893647BE67 0.54%
    CENTENE CORP 4.625 12/15/2029 44,097,027.25 US15135BAS07 0.46%
    CHS/COMMUNITY HEALTH SYS 6.25 03/31/2023 40,053,343.65 US12543DAY67 0.42%
    DIAMOND SPORTS GR/DIAMON 5.375 08/15/2026 35,415,903.14 US25277LAA44 0.37%
    ALTICE FINANCING SA 7.5 05/15/2026 35,158,845.05 US02154CAE30 0.37%
    BAUSCH HEALTH COS INC 6.125 04/15/2025 34,207,605.60 US91831AAC53 0.36%
    1011778 BC / NEW RED FIN 5 10/15/2025 33,383,316.39 US68245XAE94 0.35%
    TRANSDIGM INC 5.5 11/15/2027 33,183,029.15 US893647BJ54 0.35%

    Index Top Holdings as of Feb 20 2020

    Name ISIN Weight
    ALTICE FRANCE SA 7.375 05/01/2026 US67054KAA79 0.70%
    TRANSDIGM INC 6.25 03/15/2026 US893647BE67 0.55%
    CENTENE CORP 4.625 12/15/2029 US15135BAS07 0.47%
    CHS/COMMUNITY HEALTH SYS 6.25 03/31/2023 US12543DAY67 0.41%
    DIAMOND SPORTS GR/DIAMON 5.375 08/15/2026 US25277LAA44 0.37%
    ALTICE FINANCING SA 7.5 05/15/2026 US02154CAE30 0.37%
    1011778 BC / NEW RED FIN 5 10/15/2025 US68245XAE94 0.37%
    BAUSCH HEALTH COS INC 6.125 04/15/2025 US91831AAC53 0.36%
    INTELSAT JACKSON HLDG 8.5 10/15/2024 US45824TBA25 0.35%
    CCO HLDGS LLC/CAP CORP 5.125 05/01/2027 US1248EPBT92 0.34%

    Sector Allocation

    Sector Allocation
    Fund Sector Breakdownas of Feb 20 2020
    Index Sector Breakdownas of Feb 20 2020

    Fund Sector Breakdown as of Feb 20 2020

    Sector Weight
    Corporate - Communications 20.49%
    Corporate - Consumer Cyclical 16.32%
    Corporate - Consumer Non-Cyclical 15.82%
    Corporate - Energy 11.02%
    Corporate - Capital Goods 9.30%
    Corporate - Technology 7.24%
    Corporate - Basic Industry 4.80%
    Corporate - Electric 2.90%
    Corporate - Finance Companies 2.72%
    Corporate - Insurance 2.71%
    Corporate - REITS 1.53%
    Corporate - Other Financial 1.04%
    Corporate - Industrial Other 0.98%
    Corporate - Transportation 0.93%
    Corporate - Banking 0.87%
    Corporate - Brokerage Assetmanagers Exchanges 0.35%
    Other 0.98%

    Index Sector Breakdown as of Feb 20 2020

    Sector Weight
    Corporate - Communications 21.09%
    Corporate - Consumer Cyclical 16.70%
    Corporate - Consumer Non-Cyclical 15.73%
    Corporate - Energy 10.96%
    Corporate - Capital Goods 9.49%
    Corporate - Technology 7.26%
    Corporate - Basic Industry 4.58%
    Corporate - Electric 2.96%
    Corporate - Finance Companies 2.76%
    Corporate - Insurance 2.67%
    Corporate - REITS 1.59%
    Corporate - Other Financial 1.07%
    Corporate - Industrial Other 1.00%
    Corporate - Transportation 0.96%
    Corporate - Banking 0.89%
    Corporate - Brokerage Assetmanagers Exchanges 0.28%
    Other 0.00%

    Quality Breakdown

    Quality Breakdown
    Fund Quality Breakdownas of Feb 20 2020
    Index Quality Breakdownas of Feb 20 2020

    Fund Quality Breakdown as of Feb 20 2020

    Name Weight
    BBB or Higher 0.98%
    BB 47.92%
    B 37.55%
    CCC or Lower 13.50%
    Not Rated 0.05%

    Index Quality Breakdown as of Feb 20 2020

    Name Weight
    BB 48.34%
    B 38.08%
    CCC or Lower 13.58%

    Maturity Ladder

    Maturity Ladder
    Fund Maturity Ladderas of Feb 20 2020
    Index Maturity Ladderas of Feb 20 2020

    Fund Maturity Ladder as of Feb 20 2020

    Name Weight
    0 - 1 Year 0.98%
    1 - 2 Years 1.77%
    2 - 3 Years 3.49%
    3 - 5 Years 21.66%
    5 - 7 Years 40.62%
    7 - 10 Years 29.56%
    10 - 15 Years 1.87%
    15 - 20 Years 0.02%

    Index Maturity Ladder as of Feb 20 2020

    Name Weight
    1 - 2 Years 1.48%
    2 - 3 Years 3.70%
    3 - 5 Years 20.94%
    5 - 7 Years 41.73%
    7 - 10 Years 30.96%
    10 - 15 Years 1.19%

    Fund Documents

    Fund Documents

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    SAI

    Tax Documents

    Tax Documents

    Information & Schedules

    Information & Schedules

    Insights & Investment Ideas

    Insights & Investment Ideas

    Education

    Education

    Purchase Information

    Purchase Information

    Buying and Selling ETFs

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    Fund Footnotes

    In general, ETFs can be expected to move up or down in value with the value of the applicable index. Although ETF shares may be bought and sold on the exchange through any brokerage account, ETF shares are not individually redeemable from the Fund. Investors may acquire ETFs and tender them for redemption through the Fund in Creation Unit Aggregations only. Please see the prospectus for more details.

    After-tax returns are calculated based on NAV using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor's tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts.

    Performance of an index is not illustrative of any particular investment. It is not possible to invest directly in an index.

    Holdings and sectors shown are as of the date indicated and are subject to change. This information should not be considered a recommendation to invest in a particular sector or to buy or sell any security shown. It is not known whether the sectors or securities shown will be profitable in the future.

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    Before investing, consider the funds' investment objectives, risks, charges and expenses. To obtain a prospectus or summary prospectus which contains this and other information, call 1-866-787-2257, download a prospectus or summary prospectus  now, or talk to your financial advisor. Read it carefully before investing.
     

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